"Nobody wins with a trade war," UN Secretary-General Antonio Guterres said on Tuesday as he warned of the devastating impacts that additional tariffs could create for developing countries.
"Trade wars are extremely negative. Nobody wins with a trade war. Everybody tends to lose. I'm particularly worried with the most vulnerable developing countries, in which the impact will be more devastating. I sincerely hope that we will have no recession, because a recession will have dramatic consequences, especially for the poorest people in the world," Guterres said while speaking to reporters at the UN headquarters in New York City.
Amid widespread opposition, U.S. President Donald Trump on April 2 signed an executive order on the so-called "reciprocal tariffs," imposing a 10-percent "minimum baseline tariff" and higher rates on certain trading partners.
The 10-percent baseline has already been implemented as of Saturday. Starting at midnight on Wednesday, increased import tax rates introduced will come into effect for dozens of countries and territories.
Nobody wins in trade war: UN chief
Nobody wins in trade war: UN chief
Nobody wins with trade war: UN chief
U.S. Defense Secretary Pete Hegseth shared detailed information about forthcoming strikes in Yemen on March 15 in a private Signal group chat that included his wife, brother and personal lawyer, The New York Times reported on Sunday.
Hegseth shared the flight schedules for the F/A-18 Hornets targeting the Houthis in Yemen, said the report, citing four anonymous sources with knowledge of the matter.
On the same day, Hegseth also sent a message in another Signal chat - one that included The Atlantic's editor-in-chief, Jeffrey Goldberg - sharing operational details about impending strikes on Yemen, scheduled to occur within two hours, Goldberg revealed in an article on March 24.
Hegseth's wife, Jennifer, a former Fox News producer, is not a Defense Department employee, while Hegseth's brother Phil and his personal lawyer, Tim Parlatore, both have jobs in the Pentagon, according to the report.
Unlike the chat in which Goldberg was mistakenly included, the newly revealed one was created by Hegseth, said the report.
Hegseth's use of the Signal messaging app to discuss military operations drew criticism and prompted a probe by the Defense Department's acting Inspector General Steven Stebbins.
Senate Minority Leader Chuck Schumer has called for Hegseth to step down, as he posted on social media platform X "Pete Hegseth must be fired."
Four officials in Hegseth's inner circle, including senior adviser Dan Caldwellm, left their posts over the past week.
US defense secretary shares attack details in 2nd Signal chat: report
